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. and carney saying that tomorrow is a big day and everybody has to either come to an assessment that we can do a significant deal and they were talking of course of the $4 trillion deal until the republicans pulled the plug on that last weekend, and they have to come in friday, and friday is shaping up to be something of a deadline, and meanwhile, tim geithner, the treasury secretary up on the hill behind closed doors talking about the senators of a doom and gloom scenario is nothing is done by august 2nd, and the united states has to begin to default as carney and other white house officials call it hypothetical and insists that the country will not default and some arrangement will be made, but it is not clear what the path of the arrangement may be before august 2nd, tamron. >> and what about the report that the president was mulling over a bipartisan meeting at camp david and there is a quote at nancy pelosi saying it is not a good idea many her opinion, because the rsvps have not been released as politico pointed out, but what is story here? >> well, everybody is backing away from somethi
now, august 2nd is the big date, and the hard deadline or the u.s. default defaults on the $14.3 trillion debt. the white house says that lawmakers need a basic plan in place by today if they are going to be able to craft a bill in time to avert a default. nbc's kristen welker is following all of this for us live at the white house. kristen, good afternoon. where do we go from here? what is the bottom line? a lot of talking from the white house and the republicans and where does it all stand and what is next? >> hi, there, jeff. house speaker john boehner and president obama are saying that they are not close to a deal, but there has certainly been a lot of chatter about a potential deal. here is what it would look like. it would involve $3 trillion in deficit reductions over the next decade. it would include immediate cus s to discretionary spending right off of the top, and then over time, you'd see some changes in entitlements things like social security and medicare and also some changes to the tax code including a roll back for tax breaks for the wealthy americans and the
, and that is part of the big debate regarding this honor that is given out. >> well, there are plenty of acts of valor all of the time. everyday our troops are in contact with the enemy, we are having troops killed and wounded everyday, and there are valorous acts that are performed by our soldiers and sailors and airmen and marines all of the time. it is only some of them that get recognized but if you ask any recipient of the medal of honor or indeed any recipient, he will tell you he is not wearing it for himself, but those who can't. >> and this is only the second living recipient since the vietnam war, and we know many hundreds of thousands of troops out there who have served multiple troops like sergeant petry who served in iraq and afghanistan and who you would like to have them receive this honor while they are there and hear the words of honor said from the president and thosexd attendance there. >> well, he said it eloquently in that it is important that we have a -- see it and hear it, because otherwise we don't feel important to it. and it is important to recognize these people wh
Search Results 0 to 3 of about 4 (some duplicates have been removed)